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Consider the following annual returns of Estee Lauder and Lowes Companies: Estee Lauder Lowes Companies Year 1 24.8 % 8.0 % Year 2 33.0 17.5
| Consider the following annual returns of Estee Lauder and Lowes Companies: |
| Estee Lauder | Lowes Companies | |||||
| Year 1 | 24.8 | % | 8.0 | % | ||
| Year 2 | 33.0 | 17.5 | ||||
| Year 3 | 19.0 | 5.6 | ||||
| Year 4 | 51.3 | 53.0 | ||||
| Year 5 | 18.2 | 23.0 |
| Compute each stocks average return, standard deviation, and coefficient of variation.(Round your answers to 2 decimal places.) |
| Estee Lauder | Lowes Companies | ||
| Average return | % | % | |
| Standard deviation | % | % | |
| Coefficient of variation |
| Which stock appears better? |
|
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International Financial Reporting A Practical Guide
Authors: Alan Melville
6th edition
1292200743, 1292200766, 9781292200767, 978-1292200743
